There are significant differences between the American and European version of capitalism. The American traditiionally emphasizes the need for limite… - Margaret Thatcher

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There are significant differences between the American and European version of capitalism. The American traditiionally emphasizes the need for limited government, light regulations, low taxes and maximum labour-market flexibility. Its success has been shown above all in the ability to create new jobs, in which it is consistently more successful than Europe.

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About Margaret Thatcher

Margaret Hilda Thatcher, Baroness Thatcher (13 October 1925 – 8 April 2013) was a British politician and stateswoman who served as Prime Minister of the United Kingdom from 1979 to 1990 and Leader of the Conservative Party from 1975 to 1990. She was the first female British prime minister and the longest-serving British prime minister of the 20th century. As prime minister, she implemented neoliberal economic policies of deregulation and privatization that became known as Thatcherism. A Soviet journalist dubbed her the "Iron Lady", a nickname that became associated with her uncompromising politics and leadership style.

Biography information from Wikiquote

Also Known As

Birth Name: Margaret Hilda Roberts
Alternative Names: Baroness Thatcher Margaret Hilda Thatcher Margaret Roberts Maggie Thatcher Baroness Margaret Thatcher Lady Thatcher Mrs. Thatcher Mrs. T Baroness Thatcher of Kesteven
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Additional quotes by Margaret Thatcher

I have made it quite clear – and so did Mr Prior when he was Secretary of State for Northern Ireland – that a unified Ireland was one solution. That is out. A second solution was confederation of two states. That is out. A third solution was joint authority. That is out. That is a derogation from sovereignty.

I do not believe, in spite of all this, that the people of this country have abandoned their faith in the qualities and characteristics which made them a great people. Not a bit of it. We are still the same people. All that has happened is that we have temporarily lost confidence in our own strength. We have lost sight of the banners. The trumpets have given an uncertain sound. It is our duty, our purpose, to raise those banners high, so that all can see them, to sound the trumpets clearly and boldly so that all can hear them. Then we shall not have to convert people to our principles. They will simply rally to those which truly are their own.

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